There are 51 out of 100 people in the market currently telling the bears will rule the roost this year 2008. But again understanding the working, economics of India, I do not see any such possibility, as i have already stated that this year will surely be a year of volatility, and not a performing year for F & O segments for the retail investors. But again this year will reap more than 25% - 45% returns to Investors in Deliveries and a scrip hold period of more than 6-12 months.
I conclude by saying we will be touching levels of Nifty to 6500 by March. No one can stop this.
Regards,
Yatish
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